RAID Log template
Identify the risks, assumptions, issues, and dependencies associated with a project.
A RAID log is a project planning tool that focuses on four key areas: risks, assumptions, issues, and dependencies. Risks are events that could have an adverse effect if they occur, assumptions are things you assume will happen to contribute to the project’s success (and that will have negative consequences if they don’t occur), issues are risks that have already occurred and had a negative impact on the project, and dependencies are things that must start or finish so your project can progress. RAID logs are often used when beginning a new project, but they’re also useful for promoting alignment and sharing status for projects that are already underway.
About the RAID log template
What does RAID stand for?
RAID generally stands for Risks, Assumptions, Issues, and Dependencies. Some project managers use it to stand for Risks, Actions, Issues, and Decisions.
What is a RAID log?
A RAID log is a tool that allows project managers to track risks, actions, issues, and decisions. The RAID log template helps you organize information so it’s easy to reference during meetings and project audits.
As all project managers know, even the best-laid plans can go awry. But when you’re juggling a variety of projects that must be executed on tight deadlines, roadblocks can quickly become expensive and cumbersome. Solving problems in real-time while continuing to make progress is a necessary and challenging goal.
When scoping a project, many project managers like to put together a list of potential risks. By assembling this list, you can make contingency plans, develop worst-case scenarios, and ensure you have the resources to meet possible challenges. However, it is not enough to simply list your riss. You must then have a system that allows you to monitor and track risks as they arise. That’s where the RAID log comes in.
How do you set up a RAID log?
This template is set up as a square with four quadrants: risks, assumptions, issues, and dependencies. Fill in the log at the beginning of each project.
Risks - Fill in each risk and the possibility that it might occur. Then list the steps you would take if it does happen.
Assumptions/Actions - Write out the assumptions you’ve made throughout the project -- or the actions you have taken (or plan to take) to mitigate this risk. Note the date they are completed.
Issues - Identify each issue that has come up over the course of this project. Make a note of your plan for dealing with the issue and assign stakeholders.
Decisions - List the decisions that must be made before the project’s completion.
Who should use a RAID log?
All members of a project can participate when the initial RAID log is created to contribute their perspective. The RAID log is also a useful tool for sharing status updates with stakeholders and promoting team alignment as a project progresses.
What are the benefits of maintaining a RAID log?
Organize and strategize - Using the RAID log template forces you to keep detailed records of your project and to think strategically at every stage. Instead of trying to solve problems now and create documentation later, problem-solving and documentation are inexorably linked.
Save time - Project managers are busy. RAID logs help save time and promote efficiency throughout a project. It allows them to communicate with stakeholders without having to call another meeting or schedule another one-on-one.
Measure success - A RAID log lets you measure your success in real time. Are you meeting goals? Staying ahead of your deadlines? Since every risk is noted in the template, and each risk is assigned a stakeholder, managers can maintain tighter control over the project.
RAID Log template
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